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United Finance CoOG (MUS:UFCI) Change In Receivables : ر.ع-0.42 Mil (TTM As of Mar. 2023)


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What is United Finance CoOG Change In Receivables?

United Finance CoOG's change in receivables for the quarter that ended in Mar. 2023 was ر.ع-0.13 Mil. It means United Finance CoOG's Accounts Receivable increased by ر.ع0.13 Mil from Dec. 2022 to Mar. 2023 .

United Finance CoOG's change in receivables for the fiscal year that ended in Dec. 2022 was ر.ع-0.36 Mil. It means United Finance CoOG's Accounts Receivable increased by ر.ع0.36 Mil from Dec. 2021 to Dec. 2022 .

United Finance CoOG's Accounts Receivable for the quarter that ended in Mar. 2023 was ر.ع0.00 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. United Finance CoOG's Days Sales Outstanding for the three months ended in Mar. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United Finance CoOG's liquidation value for the three months ended in Mar. 2023 was ر.ع-52.11 Mil.


United Finance CoOG Change In Receivables Historical Data

The historical data trend for United Finance CoOG's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Finance CoOG Change In Receivables Chart

United Finance CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.05 -0.02 0.03 -0.36

United Finance CoOG Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.03 -0.06 -0.21 -0.13

United Finance CoOG Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-0.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Finance CoOG  (MUS:UFCI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

United Finance CoOG's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.534*91
=0.00

2. In Ben Graham's calculation of liquidation value, United Finance CoOG's accounts receivable are only considered to be worth 75% of book value:

United Finance CoOG's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.388-52.499+0.75 * 0+0.5 * 0
=-52.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Finance CoOG Change In Receivables Related Terms

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United Finance CoOG (MUS:UFCI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 3652, Muscat, OMN, 112
United Finance Co SAOG is engaged in providing vehicle and equipment financing. The operating segments of the group are Corporate and Retail. It is also licensed to provide composite loans, bridge loans, hire purchases, debt factoring, and financing of receivables and leasing in the Sultanate of Oman. The company offers a wide range of financing products, corporate deposits, and Bancassurance.

United Finance CoOG (MUS:UFCI) Headlines

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